Company Intelligence Profile
Banana Club In Vogue Private Limited
Bengaluru-based omnichannel menswear brand "Banana Club," operating 16+ retail stores and an online store, incorporated as Banana Club In Vogue Private Limited (CIN U52609KA2022PTC167618) on 3 Nov 2022.
Last updated 11 August 2026
Banana Club In Vogue Private Limited, operating under the brand "Banana Club," is an omnichannel menswear brand based in Bengaluru, featuring over 16 retail stores and an online platform. In FY2024, the company reported a revenue of ₹31.41 crore, marking a 942% increase year-over-year. It raised ₹12.25 crore on the TV show "Pitch To Get Rich" at a ₹245 crore valuation.
Compiled from MCA filings and other public records. Figures may lag the latest filing; verify against the detailed sections below.
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Company Identity
| Registered name | Banana Club In Vogue Private Limited |
|---|---|
| CIN | U52609KA2022PTC167618 |
| PAN | AALCB1787F |
| Status | Active (Private Limited Company, not listed) |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 03 November 2022 |
| ROC | RoC Karnataka / Bangalore |
| Sector (NIC) |
|
| Registered address | New No 10/12, Vimala Tower, 1st Cross, Fireworks Colony, SGN Layout, Lalbagh Road Cross, Opp Lane of Passport Office, Sudhamanagar, Sampangiramnagar, Bangalore South, Karnataka 560027 |
| Authorized capital | ₹20.0 Lakh |
| Paid-up capital | ₹14.3 Lakh vs ₹15.18 Lakh — minor conflict between sources, both ~₹14-15 Lakh; confirmed at that order of magnitude, exact figure partial. |
Business Overview
- Banana Club is an omnichannel Indian menswear/fashion brand ("Banana Club In Vogue Pvt Ltd"), founded 2011 by Neel(Nilesh) Kumar Bafna and Prashant Kumar Lalwani
- Positions as "a premium clothing brand made in Bharat, for Bharat," selling shirts, bottoms, t-shirts, winter wear, ethnic wear, footwear and accessories via 16+ physical stores (HSR Layout Bangalore flagship, plus Koramangala, Basavanagudi, Delhi, Tirupati, Hyderabad, Mysore) and online (own site + Myntra)
- LinkedIn: Retail Apparel & Fashion industry, HQ Bengaluru North, Karnataka, 152-500 employee range
- Source: bananaclub.co.in, LinkedIn (in.linkedin.com/company/banana-club-invogue), TheCompanyCheck
Directors
Confirmed (Tofler + TheCompanyCheck agree on names/appointment date; Tofler is source for DINs):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Nilesh Kumar Bafna | 06765714 | Director | 03 Nov 2022 |
| Prashant Kumar Lalwani | 07896325 | Director | 03 Nov 2022 |
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AALCB1787F1ZC | Karnataka | AALCB1787F (Tofler) | Active |
| 36AALCB1787F1ZH | Telangana | AALCB1787F (Tofler) | - |
Confirmed (source: knowyourgst.com individual GSTIN lookups, cross-checked via search snippet naming both numbers against this PAN): - Karnataka: 29AALCB1787F1ZC — Status: Active — Registered: 12 Dec 2022 — Address: No 16/A Market Road, Bengaluru, Karnataka 560004 — jurisdiction LGSTO 100, range ASD3. - Telangana: 36AALCB1787F1ZH — found referenced (via aggregator search snippet only); individual GSTIN detail page could not be loaded (404) — status/date not independently confirmed, treat as partial. PAN: AALCB1787F. Home state: Karnataka. Number of registrations found: 2 (across 2 states) — this may not be exhaustive given the brand's larger multi-city store footprint (Delhi, Telangana/Hyderabad, etc.); additional un-located GSTINs are possible.
Financials
Conflicting figures across sources — reported as partial, not confirmed:
| Tofler | Operating revenue range INR 1-100 cr; revenue estimate INR 50-75 cr; net worth up 67.66% YoY; borrowings up 773.07% YoY; total assets up 108.5% YoY. (No absolute PAT/EBITDA given — locked/aggregate bands only.) |
|---|---|
| TheCompanyCheck (FY2024) | Revenue ₹31.41 Cr (stated as +942% YoY); EBITDA and Net Profit locked behind premium paywall — not obtained; EPFO-registered employees: 89 |
No standalone vs consolidated basis stated by either source (company has no visible subsidiaries, so likely standalone). No audited financials/annual report PDF located. Net worth and PAT absolute figures: not obtained.
Funding
- Raised ₹12.25 crore on the TV show "Pitch To Get Rich" (streaming on Hotstar) at a ₹245 crore valuation — reported in coverage as "the highest amount in Indian television history" for the show
- No investor names, round name/series, or date located
- Source attribution for this figure is a search-engine summary, not a directly verified article — flagged for independent confirmation before use
Charges / Loans
| Tofler | Charge holder ICICI Bank Limited, Total Amount ₹34.2 Cr, dated 17 June 2025 (open charge) |
|---|---|
| TheCompanyCheck | Open charges total ₹38.25 Cr; satisfied charges ₹4.9 Cr; latest charge listed under lender category "Others." |
Exact charge count, all individual charge instruments, and full satisfaction history: not obtained.
Legal
Not available in the public sources reviewed.
Competitors
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